Many Americans have integrated variable annuities into their retirement and investment plans. Anyone considering buying an annuity should first understand some of the basics and be prepared to ask the right questions to determine whether or not an annuity is the best choice.

The Securities and Exchange Commission has created an online general description of variable annuities – what they are, how they work, and the average charges that will apply. Insurance agents, brokers, financial planners, and others might consider referring clients who want a better understanding of variable annuities to www.sec.gov/consumer/varannty.htm.